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Arrow Electronics Reports Third-Quarter 2022 Results

CENTENNIAL, Colo.–(BUSINESS WIRE)– Arrow Electronics, Inc. (NYSE:ARW) today reported third-quarter 2022 sales of $9.27 billion, an increase of 9 percent year over year, and an increase of 14 percent year over year on a constant currency basis1. Third-quarter net income was $342 million, or $5.27 per share on a diluted basis, compared with net income of $290 million, or $4.00 per share on a diluted basis, in the third quarter of 2021. Non-GAAP net income1 was $354 million, or $5.45 per share on a diluted basis, in the third quarter of 2022, compared with non-GAAP net income of $293 million, or $4.04 per share on a diluted basis, in the third quarter of 2021. In the third quarter of 2022, changes in foreign currencies reduced growth by approximately $380 million on sales and $0.17 on earnings per share on a diluted basis compared to the third quarter of 2021.

Source: Arrow Electronics Reports Third-Quarter 2022 Results | Arrow Five Years Out

2022 Top Asia Pacific Distributors List 

2022 Top Asia Pacific Distributors List

Source: 2022 Top Asia Pacific Distributors List | Source Today

From Lean to Agile: Learning from the Electronic Supply Chain Veterans 

As many industries, including automotive and consumer electronics, move toward product interconnectivity—which increasingly requires a significant number of semiconductors—companies are being forced to rethink their supply chains to adapt to a constantly evolving market. Consumer-appliance OEMs, for example, are experts at making washing machines, refrigerators and ovens; however, integrating semiconductors for connectivity introduces an entirely new challenge. Those that are used to working closely with the semiconductor supply chain, such as in the fast-paced world of smartphones, understand the need to be agile. These companies are able to adjust quickly in the face of unexpected disruptions and often keep chip availability top of mind when designing products, which has given them a distinct advantage in the ongoing chip shortage. The good news for less agile companies is that there are still opportunities to learn and thrive in this sphere.

Source: From Lean to Agile: Learning from the Electronic Supply Chain Veterans | Source Today

APAC Distribution Trends 

Made up of the countries that are situated in and around the western portion of the Pacific Ocean, the Asia-Pacific or “APAC” region is home to a number of electronics distributors that serve a worldwide customer base from their strategically-situated facilities. As a rule, most countries located throughout eastern and southern Asia—particularly those that touch the Pacific Ocean—and Oceania are usually considered APAC countries. However, the actual list of APAC countries can vary depending upon the context. For the most part, however,

Source: APAC Distribution Trends | Source Today

DMASS: European Disti Market Records 28.5% Q2 Increase

European semiconductor distribution sales grew by 33.4% to 3.09 Billion Euro reports DMASS*.

IP&E (Interconnect, Passive and Electromechanical) components grew by 19.6% to 1.51 Billion Euro.

In total, the components distribution market grew by 28.5% to 4.60 Billion Euro.

Allocation and shortage continue to have an impact make their mark on the European component distribution business, but partial relief is now being seen in some product areas.

Source: DMASS: European Disti Market Records 28.5% Q2 Increase

How Automation Increases Warehouse Picking Efficiency

Business leaders are increasingly interested in applying order-picking automation to warehouses. An increase in online shopping, customers’ desire for faster delivery, two years of logistics woes and a global labor shortage have spurred warehouse managers to explore automation to expand their businesses. Here are some compelling ways that automation can make order picking easier and faster.

Most companies pursue growth at multiple points of their evolution. However, there often comes a time when hiring more people is no longer feasible. That can support growth, but it usually can’t help companies meet all their goals. However, warehouse picking efficiency can allow a company to make significant gains.

Source: How Automation Increases Warehouse Picking Efficiency

Arrow Q2 Sales Increase by 10%

Arrow Electronics, Inc. (NYSE:ARW) today reported second-quarter 2022 sales of $9.46 billion, an increase of 10 percent from sales of $8.56 billion in the second quarter of 2021. Second-quarter net income was $370 million, or $5.54 per share on a diluted basis, compared with net income of $241 million, or $3.23 per share on a diluted basis, in the second quarter of 2021.

Source: Arrow Q2 Sales Increase by 10%

Leading the way in tough anti-counterfeiting measures

Threats of counterfeit components entering the supply chain is a growing concern as demand increases and fake parts are harder to detect. This, combined with the current product shortages, means it’s more important than ever to buy from an authorized distributor. 

Mouser Electronics’ customers can order with confidence, knowing that the global authorized distributor has rigorous processes in place to prevent counterfeit products entering its inventory. Customers can expect 100 per cent certified, genuine products, fully traceable to each manufacturer.

Source: Leading the way in tough anti-counterfeiting measures | Latest Articles News

Distribution boosted by rising OEM design and supply chain services 

Electronic component distributors have hit the sweet spot of their market. In addition to surging demand for semiconductors, passives, interconnects and electromechanical parts, OEMs are asking distributors to support them with more value-added services, including design engineering, supplier management, inventory management and scarce component procurement functions.

Source: Distribution boosted by rising OEM design and supply chain services | Latest Articles News

Weathering The Storms – Top Fifty Distributors 2022

The imagery of a chain is a compelling one—interconnected links that are both flexible and strong. That strength is wholly dependent on those links remaining intact, however, and a supply chain is no different. The breaks have come in several places in the supply chain over the past three years. It began with a trade war pitting the United States and China against one another. That was quickly followed by a global pandemic, inflationary pressures and a global shortage of workers to move those goods that were being produced.

Source: Weathering The Storms (.PDF Download) | Source Today

Digi-Key Electronics Adds Over 500 New Suppliers Including Electrovege

THIEF RIVER FALLS, Minn., Dec. 16, 2021 /PRNewswire/ — Digi-Key Electronics, which offers the world’s largest selection of electronic components in stock for immediate shipment, announced that it significantly expanded its portfolio in 2021 by adding more than 500 new suppliers across their core business, Digi-Key Marketplace and Fulfilled by Digi-Key program. They also added more than 125,000 new SKUs to their core business unit in 2021.

Source: Digi-Key Electronics Adds Over 500 New Suppliers and 125,000 SKUs in 2021

Why are the World’s Supply Chains so Disrupted?

 

The global pandemic has hit the world’s supply chains from many different angles. On the supply side, border closings and lockdowns kept production sites shuttered. On the demand side, consumers who couldn’t take vacations or dine out subsequently increased their spending on durable goods. This created a perfect storm of challenges for businesses as they tried to satisfy the demand.

Source: Why are the World’s Supply Chains so Disrupted? | Source Today